US card issuer Providian has chosen Fair, Isaac's analytic, consultative and scoring services to support its credit marketing operations.
Under the agreement, Providian will use the company's credit prescreening service to enable the issuer to refine its target market segments, overall credit risk assesment and risk-based pricing.
Fair, Isaac will also provide custom analytic and consulting services to support the integration of FICO scores with Providian's consumer card portfolio of over 12 million customer accounts.
In addition, the company's ScoreNet service will be used to streamline the processing of credit reporting agency information.
Warren Wilcox, vice chairman of planning and marketing at Providian, says: "By adding Fair, Isaac products and analytics to our mix of proprietary decisioning technologies we expect to further enhance the quality of our targeting and decisioning."